January 9, 2009
China to cut tax rebates on some exports
China announced Tuesday it will cut tax rebates on exports of clothes, shoes and other goods in an effort to slow the growth of its huge trade surplus amid rising threats of punitive action by U.S. lawmakers.
Nationwide 'sugar tax' proposal shot down
After much debate, delegates from the American Medical Association have backed away from recommending a tax on soft drinks. The AMA was considering the two-cent tax on 12-ounce sodas to battle obesity.
Evans linked to firm with D.C. tax breaks
D.C. Council member Jack Evans voted to give a tax break to CareFirst in 2004 even after his employer filed papers stating that the longtime councilman lobbied Congress for the health care company, federal and city records show.
Capital Gains Taxes -
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